Token-Curated Registries
Humans have curated lists for centuries. But curation has traditionally been centralized. Typically, a top ten colleges list, for example, is curated by a select group of academic professionals that are assumed to be unbiased in their assessment.
Token Curated Registries (TCRs), unlike their centralized counterparts, harness the collective power of a decentralized base of participants to output a list. TCRs rely on a native token to grant users curation rights proportional to the number of tokens they hold. The economic incentives of token holders are aligned with the goal to output a high-quality list.
The adChain Registry is the first TCR in production on the Ethereum Mainnet.